16.04.2008 /Investing Alfa-Bank and “UkrSibbank” start initial offering of bonds of First Ukrainian International bank - Emission volume of the bonds makes up UAH 300 mln. (USD 59.4 mln.), maturity – 3 years (redemption date – April 8-9, 2011). According to the terms of emission nominal yield for 1-2 interest periods makes up 13.5% p.a., interest income is paid up once a half-year. The bonds stipulate annual offer.

16.04.2008 /Bank's Ratings Moody's placed UkrSibbank's ratings on review for possible upgrade - Long-term deposits in foreign currency rating of "UkrSibbank" is Â2, and debt securities (Eurobond) - Ba2 (being the highest index for Ukrainian banks). Before, the Bank's ratings have been held back by the country ceiling.

16.04.2008 /Bank's Ratings MC of the Bank of Moscow: Innovator on the Market of Collective Investments - Managing Company (MC) of the Bank of Moscow has been mentioned as a prize-winner in the nominations "Managing Company of Russia", "Mass Investor's Company" and "Share Funds Company".

16.04.2008 /Who's who VTB continues to form IB team - Aleksei Yakovitsky is appointed Co-Head of the Sales Department and Head of the Analytics Division of VTB Investment bank. Among the team members are such recognized analysts as Alexander Pukhaev, Dmitry Dmitriev and Elena Sakhnova.

16.04.2008 /Operations The Bank of Moscow opened three letters of credit to the Business Alliance leasing company totaling 1.3 bln. rubles - Credit is for purchase of imported power engineering equipment required to build the second stage of the Sochi thermal power station — a major construction project of the Olympic Games infrastructure.